ilmscore | Real Estate Tax Deductions Predictions
Rea

Real Estate Tax Deductions

Topic
N/A
Accuracy

Recent Predictions

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Real estate investors can significantly reduce or eliminate taxable income through the depreciation deduction, with some writing off amounts between $4,000 and $122,000.
"so now you get to write off a certain amount of this income now how much you write off is going to d..."
Minority Mindset Minority Mindse...
Jul 26, 2024
Pending
98% Of Rich People O...
A primary reason wealthy individuals invest in real estate is the availability of deductions, also known as write-offs.
"number one is because of the deductions you get AKA writeoffs"
Minority Mindset Minority Mindse...
Dec 3, 2023
Pending
Make Your First Mill...
The mortgage interest on this property provides a monthly tax deduction of approximately $609.
"the second one is mortgage interest now that translates to about 609 dollars a month"
Andrei Jikh Andrei Jikh
Aug 5, 2022
Pending
MY NEW LAS VEGAS HOM...
Due to being in the highest tax bracket (37%), the speaker saves $327 per month on property taxes for this investment property.
"the first thing is property taxes because i'm in the highest tax bracket of 37 means that it transla..."
Andrei Jikh Andrei Jikh
Aug 5, 2022
Pending
MY NEW LAS VEGAS HOM...
The speaker expects to claim a depreciation deduction of $930 per month on the building value (excluding land) over 27.5 years, assuming the property is rented out for a full year.
"the third one is depreciation so let's say next year i rent it out for the full year i can actually ..."
Andrei Jikh Andrei Jikh
Aug 5, 2022
Pending
MY NEW LAS VEGAS HOM...